The Economy

36,940 Views | 741 Replies | Last: 8 hrs ago by DiabloWags
oski003
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In reply to DiabloWags • 4:50p, 8/27/25
DiabloWags said:
Trumpanzees have reading comprehension stuck at the 6th grade level.

GAAP and non-GAAP earnings per diluted share were $1.08 and $1.05, respectively.

NVIDIA Announces Financial Results for Second Quarter Fiscal 2026 | NVIDIA Newsroom






Will even demented clowns admit it was an earnings beat, and it dropped for other reasons (just like Tesla which has since gone up up up)? Whether or not RH was off by a penny doesn't matter here, at all. Non-demented traders have a better grasp of things than demented dogs who can't learn new tricks.
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movielover
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6:41a, 8/28/25
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movielover
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7:17a, 8/28/25
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movielover
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10:46a, 8/28/25
MSN: "GDP Gains Show Tariffs Not Hurting Prices Or Consumer Spending, Says Bessent"
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DiabloWags
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In reply to movielover • 5:13p, 8/28/25
movielover said:
MSN: "GDP Gains Show Tariffs Not Hurting Prices Or Consumer Spending, Says Bessent"


One of the most idiotic statements ever by Bessent.

And he's allegedly one of the "smarter" guys in the room - - - but sadly is now a Trump STOOGE.

Trump's tariffs didn't really kick in in Q2.
Due to TACO.

For the first half of the year, GDP has grown at about 2.1%
Yawn.

Whatever happened to your 4 - 5% GDP estimate?
lol





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Cal88
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6:06p, 8/28/25
Coffee prices are going to spike as a result of the combination of tariffs on Brazil and Trump playing hardball with them, they're cutting off the US and diverting their production to China. A bit similar to what happened with soybeans, where China substituted its imports from the US to Brazil.
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DiabloWags
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In reply to Cal88 • 6:31p, 8/28/25
Cal88 said:
Coffee prices are going to spike as a result of the combination of tariffs on Brazil and Trump playing hardball with them, they're cutting off the US and diverting their production to China. A bit similar to what happened with soybeans, where China substituted its imports from the US to Brazil.


Correct.

They spiked 14.5% in July from a year ago and that's before the 50% tariffs on imports from Brazil.

Prices were already heading up from adverse weather conditions which lead to a 39% surge in 2024 from average levels a year earlier.

My favorite blend at Peet's Coffee is at $24 a pound.




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